Allianz Egypt, the leading insurance company, announced today the renewal of the official insurance sponsorship of Egyptian swimming champion Farida Osman for the upcoming two years.
Dubbed “Egypt’s Butterfly Queen,” the sponsorship of Osman includes facilitating the required support in her pursuit of the Paris 2024 Olympics in France.
The sponsorship of Osman comes as part of Allianz’s strategy of supporting Egyptian sports and athletes, especially swimmers, which goes in line with the state’s efforts, represented by the Ministry of Youth and Sports, to prepare contestants for the Paris Olympic Games due in 2024.
On the other hand, Osman will supervise an annual training camp, held cooperatively with Allianz Egypt, to adopt new talents from the children of the company’s employees and its clients who are passionate about the sport.
Ayman Hegazy, Chairman and CEO of Allianz Egypt, said: We are delighted at the renewal of the Allianz Egypt ambassador Farida Osman to continue together the pursuit of the tremendous success of Egypt’s Butterfly Queen.
He added: At Allianz Egypt, we are keen on backing Egyptian sports to contribute to developing its environmental system through sponsoring our champions and specialized institutions that train and prepare athletic talents. Osman is one of the best examples of such success stories.
In response, Swimming Champion Farida Osman shared: I am very proud that Allianz Egypt has renewed my sponsorship, being one of the multinational private companies keen on sponsoring sports, in general, and swimming, in particular. I can’t wait for such cooperation to be materialized during the preparations ahead of the Olympics games due in 2024.
She added: I am further enthusiastic about the training camp as a model that should be followed by other companies in backing sports and sportspersons in Egypt.
Notably, Sports represent one of the main areas of Allianz’s investment strategies in Egypt at a time when the leading insurance institution company seeks to invest in developing the country’s environmental system.
The company has been offering support to Egyptian champions and sports institutions; most recently, the cooperation renewed with Post Swimming Academy, which qualifies young talents to compete at international championships.
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